2015 W 140th Ave - Warehouse FOR SALE


San Leandro, CA 94577- Marina Faire
$7,595,000 USD
925-940-3620
2015 W 140th Ave, San Leandro, CA for Sale
$7,595,000 USD
Warehouse - FOR SALE
1/23
null | 5% Cap Rate

2015 W 140th Ave
San Leandro, CA 94577
Marina Faire


HIGHLIGHTS

  • NNN leased investment with a 10-year term and 5.00% cap rate.
  • ±21,870 SF building on ±1.22 acres with large paved and fenced yard.
  • Three dock positions, three grade-level doors, and 20–22 ft clear height.
  • 600 amps, three-phase power, and ±1,000 SF of office space.
  • Prime East Bay location 1.5 miles from I-880, near Oakland Airport and Port of Oakland.

OVERVIEW

This rare industrial yard property in San Leandro offers a unique opportunity for investors or owner-users seeking a well-located asset in the East Bay market. The property spans approximately 21,870 square feet on a 1.22-acre lot, providing a large paved and fenced yard ideal for logistics, storage, or fleet operations. Currently leased to NorthStar Moving Company under a 10-year NNN lease, the asset delivers stable income with a 5.00% cap rate, making it an attractive investment for those seeking long-term security. The building features masonry construction, three dock positions, three grade-level doors, and a clear height of 20 to 22 feet, supporting a wide range of industrial uses. With 600 amps of three-phase power and approximately 1,000 square feet of office space, the property is well-equipped for operational efficiency. Its cul-de-sac location enhances privacy and maneuverability for trucks and equipment. Strategically positioned just 1.5 miles from the I-880 Freeway, the site offers excellent connectivity to the Port of Oakland (10.5 miles), Oakland International Airport (4.8 miles), and San Francisco International Airport (39.5 miles). This accessibility, combined with the property’s functional design and strong tenant, underscores its value as a secure, income-producing asset in a high-demand industrial corridor.

FOR SALE DETAILS

PRICE

$7,595,000 USD

PRICE/SF

$347 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

UTILITIES

Water - City, Sewer - City

CLEAR CEILING HT

22 Ft

DOCKS

3

DRIVE INS

3

PARKING SPACES

25

LAND DETAILS

LAND ACRES

1.22

LAND SF

53,143

ZONING

IG

APN/PARCEL ID

077B-0853-011-00

ASK ABOUT THIS PROPERTY

Shawn KleinNewmarkMore Info
925-940-3620

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Shawn KleinNewmarkMore Info
925-940-3620

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.